Search Results for "Flagstar Bank"
2 results for "Flagstar Bank"
Deals 2
HMBradley Partners with NYCB as New Sponsor Bank Replacing Hatch Bank
Neobank HMBradley partnered with New York Community Bank (NYCB), a division of Flagstar Bank, as its new sponsor bank, replacing Hatch Bank. The switch enabled HMBradley to end a 16-month waitlist for over 25,000 users and support scaling deposits toward $1 billion. At the time of the announcement, HMBradley held nearly $600 million in deposits.
NYCB Receives OCC Approval for Flagstar Merger and National Charter
New York Community Bank received OCC approval in late October 2022 to merge with Flagstar Bank and convert to a national bank charter. The deal still required Federal Reserve approval. The combined entity would create a larger banking platform with expanded capabilities relevant to the BaaS and fintech partnership ecosystem.